Crude oil is approaching all-time highs here. That should support natural gas. I don't think natural gas is going to go lower with crude oil trading near its all-time highs. |
Gas has come off those higher prices since it looks like it's only going to be a temporary thing. |
If everything is online in two weeks, we would have downward pressure on the market. |
It's going to be relatively warm to normal through the 10-day forecast. Storage is relatively healthy. Everything is pointing to the downside. |
To a large degree, it's a result of the oil market. Crude oil is approaching all-time highs here. That should support natural gas. |
We've got seasonal temperatures with perhaps a bit of colder weather toward the end of the 15-day forecast, but we should have sufficient gas to deal with that. |
When that comes back, it will be a big issue. |